AUD USD - Double top formed in important zone
Hello everyone.
Today i'm going to show you my idea about Aussie. Formed in 2h timeframe a double top pattern in 0.61 fib zone. That's a sell signal in my opinion , first profit zone might be around 0.76 zone then if it shouldn't resist might reach 0.755 zone where an ascending trendline might act as a support. Take care of your capital and remember risk management is the key to be a REAL trader.
Have a nice day traders.
Today i'm going to show you my idea about Aussie. Formed in 2h timeframe a double top pattern in 0.61 fib zone. That's a sell signal in my opinion , first profit zone might be around 0.76 zone then if it shouldn't resist might reach 0.755 zone where an ascending trendline might act as a support. Take care of your capital and remember risk management is the key to be a REAL trader.
Have a nice day traders.
Trade active:
Touched the descending trendline and now is going really nice. Keep an eye on it , it might give some good gain.
Comment:
Already hit TP1 0.76 zone , broke it , now could retest and go downside till 0.756 - 0.755 zone. Nice gain at the moment.
Comment:
Reached 0.756 zone , now retesting 0.76 . I've already took the profit but it might continue to move downside next week. Remember next week would be a really important week , with a lot of macroeconomics events.
Comment:
Really nice trade , got a good profit from it. Anyone of you got it?
Trade closed manually